Value Star Asset Management Hong Kong Ltd Has $3.14 Million Stake in Zscaler, Inc. $ZS

Key Points

• Value Star Asset Management Hong Kong Ltd increased its stake in Zscaler, Inc. by 66.7% during the second quarter, now holding a total of 10,000 shares valued at approximately $3.14 million.
• Insider trading activity included significant sales by EVP Raj Judge and CEO Jagtar Singh Chaudhry, with Judge selling 4,524 shares and Chaudhry selling 2,865 shares at an average price of $280.70.
• Zscaler reported a quarterly earnings per share (EPS) of $0.89, exceeding analyst expectations and reflecting a year-over-year revenue increase of 21.3%.

Value Star Asset Management Hong Kong Ltd raised its position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 66.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 10,000 shares of the company's stock after purchasing an additional 4,000 shares during the quarter. Zscaler makes up approximately 10.1% of Value Star Asset Management Hong Kong Ltd's investment portfolio, making the stock its 5th largest holding. Value Star Asset Management Hong Kong Ltd's holdings in Zscaler were worth $3,139,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of Zscaler by 43.1% during the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company's stock worth $127,000 after buying an additional 193 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Zscaler by 10.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 25,072 shares of the company's stock valued at $4,975,000 after acquiring an additional 2,378 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Zscaler by 25.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,214 shares of the company's stock valued at $836,000 after acquiring an additional 856 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Zscaler by 7.4% during the 1st quarter. Asset Management One Co. Ltd. now owns 83,036 shares of the company's stock worth $16,476,000 after purchasing an additional 5,738 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of Zscaler during the 1st quarter worth $207,000. Institutional investors and hedge funds own 46.45% of the company's stock.

Insider Buying and Selling

In other Zscaler news, EVP Raj Judge sold 4,524 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the transaction, the executive vice president owned 73,832 shares in the company, valued at $20,724,642.40. This trade represents a 5.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the sale, the chief executive officer directly owned 350,700 shares of the company's stock, valued at $98,441,490. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 39,884 shares of company stock worth $11,406,825 over the last ninety days. 18.10% of the stock is owned by corporate insiders.

Zscaler Trading Up 3.5%

NASDAQ ZS opened at $318.77 on Friday. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $319.89. The stock has a market cap of $50.46 billion, a P/E ratio of -1,180.63 and a beta of 1.06. The stock's fifty day moving average price is $289.57 and its 200-day moving average price is $273.74. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. During the same period in the prior year, the company posted $0.88 earnings per share. The company's quarterly revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ZS shares. Zacks Research raised Zscaler from a "strong sell" rating to a "hold" rating in a report on Thursday, October 2nd. Scotiabank cut their price objective on Zscaler from $360.00 to $334.00 and set a "sector outperform" rating for the company in a report on Wednesday, September 3rd. UBS Group cut their price objective on Zscaler from $365.00 to $350.00 and set a "buy" rating for the company in a report on Wednesday, September 3rd. JPMorgan Chase & Co. boosted their target price on Zscaler from $348.00 to $351.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 3rd. Finally, JMP Securities reiterated a "market outperform" rating and issued a $355.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Zscaler has a consensus rating of "Moderate Buy" and an average target price of $307.86.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

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